InstantScripts

South Yarra, Australia Founded: 2018 • Age: 8 yrs Acquired By Wesfarmers
E-prescriptions and medicine delivery software are provided for healthcare patients.
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About InstantScripts

InstantScripts is a company based in South Yarra (Australia) founded in 2018 was acquired by Wesfarmers in June 2023.. InstantScripts has raised $5 million across 1 funding round from investors including Wesfarmers and Bailador. InstantScripts operates in a competitive market with competitors including Midnight Health, Timesmed, Cronos Australia, AuzCare and OzDocsOnline, among others.

  • Headquarter South Yarra, Australia
  • Sectors
    Healthcare
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
Operational Areas
Healthcare → Health Technology & Digital Health
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Total Equity Funding
    $5 M (USD)

    in 1 rounds

  • Latest Funding Round
    $5 M (USD), Series A

    Aug 08, 2022

  • Investors
    Wesfarmers

    & 1 more

  • Employee Count
    Employee Count
  • Acquired by
    Wesfarmers

    (Jun 13, 2023)

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People of InstantScripts
Headcount 10-50
Employee Profiles 14
Employee Profiles
People
Melissa Ironside
Head Of Customer & Marketing
People
Brigitte Carruthers
Senior Engagement & Rostering Coordinator
People
Elisha Frenkel
Customer Engagement Manager
People
Hamilton Smith
Senior Software Developer

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Funding Insights of InstantScripts

InstantScripts has successfully raised a total of $5M through 1 strategic funding round. The most recent funding activity was a Series A round of $5 million completed in August 2022. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.

  • Total Funding
  • Total Rounds 1
  • Last Round Series A — $5.0M
  • First Round

    (08 Aug 2022)

  • Investors Count 1
Date Amount Transaction Name Valuation Lead Investors Investors
Aug, 2022 Amount Series A - InstantScripts Valuation Bailador
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in InstantScripts

InstantScripts has secured backing from 2 investors, including venture fund and institutional investors. Prominent investors backing the company include Wesfarmers and Bailador. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.

All
Venture Fund
Institutional
Investor Description Founded Year Domain Location
Growth investments in IT sector are managed by Bailador.
Founded Year Domain Location
Diversified retail and industrial operations are conducted across multiple countries.
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by InstantScripts

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016

Financial Statements - InstantScripts

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Instantscripts Comparisons

Employees
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Competitors of InstantScripts

InstantScripts operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Midnight Health, Timesmed, Cronos Australia, AuzCare and OzDocsOnline, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.

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Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Instantscripts

Frequently Asked Questions about InstantScripts

When was InstantScripts founded?

InstantScripts was founded in 2018 and raised its 1st funding round 4 years after it was founded.

Where is InstantScripts located?

InstantScripts is headquartered in South Yarra, Australia. It is registered at South Yarra, Victoria, Australia.

Is InstantScripts a funded company?

InstantScripts is a funded company, having raised a total of $5M across 1 funding round to date. The company's 1st funding round was a Series A of $5M, raised on Aug 08, 2022.

What does InstantScripts do?

InstantScripts was established in 2018 in South Yarra, Australia, within the healthcare technology sector. An app-based platform is operated to enable patients to generate e-prescriptions after digital consultations for medication review. Software supports prescription creation and facilitates home delivery of medicines through integrated pharmacies. Services are extended to healthcare providers and patients across Australia.

Who are the top competitors of InstantScripts?

InstantScripts's top competitors include Midnight Health, Cronos Australia and OzDocsOnline.

Who are InstantScripts's investors?

InstantScripts has 2 investors. Key investors include Wesfarmers, and Bailador.

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